Pre-market Chart

Good morning traders!

Look at that bull candle to the very left. US inflation data came out and were better than expected, also the unemployment rate increased slightly. That is causing a huge spike up and channel afterward.

The bias is up, we are looking for longs off the KEP and EMA. The uptrend broke and prices are about to retest the highs. After that watch for bigger structures.

Good trades to you!